GoldWhiz

GoldWhiz

Price in the box, 4 hours ago I was discussing the price action with my cousin. He opened a buy trade after seeing a long bullish candle and sent it to me. But first I need the price to determine its position with the box. If it closes above it, it will be a buy trade and if it closes below it, it will be a sell trade. 2 hours ago the price closed below the box...

GoldWhiz

Given the recent bullish trend, there is a possibility of a price correction to the $3240 range. In that case, I will wait for a positive response to the green rectangle.

GoldWhiz

I will wait for the price to react to the red zone to decide how to enter the trade. I think we are at a crucial time for this. The most beautiful visualization for the continuation of the price movement is a pullback to the red zone and a continuation of the decline.

GoldWhiz

We will be ready to buy or sell. The price is at a decisive level and we will have to wait and see how the price reacts to it. It won't take long

GoldWhiz

The sell signal was issued on the last candle when the red zone broke down. But I don't know how it will react to the green support zone in a short distance. If I insist on trading, I will enter a short sell trade at the opening of the next candle with a short stop loss above the red zone and I will be alert to the price reaction to the green zone.

GoldWhiz

To ensure entry into a sell position, you should wait for the price to close below the red area.

GoldWhiz

A time for drunken horses Looking at this chart, it seems gold is facing a notable downward trend. If you're strategizing around this movement, here are a few angles to consider: - **Short-Selling Opportunities**: If you're comfortable with leveraged trades, this drop could present a chance to capitalize on bearish momentum. - **Support Level Analysis**:...

GoldWhiz

Based on the current chart data, the green zone mentioned corresponds to the support levels around **3,340–3,350**. If the price retraces to this area, it could present a lower-risk buying opportunity, as these levels might act as strong support where buyers could step in. However, confirm with additional indicators (e.g., RSI, volume) to ensure the downtrend is...

GoldWhiz

A "close below 3250 short signal" for #XAUUSD** (Gold Spot/U.S. Dollar) indicates a potential bearish trading opportunity if the price closes below the key level of **3,250** on the 15-minute chart. Here's the breakdown: ### Key Observations: 1. **Current Price**: 3,251.365 (slightly above 3,250). 2. **Critical Level**: 3,250 acts as a psychological and...

GoldWhiz

The provided content appears to be a snapshot of a trading interface for **Gold Spot (XAU/USD)**. Here's a breakdown of key elements and their implications: ### 1. **Price Data** - **Current Price**: 3,214.715 USD per ounce of gold. - **Change**: -73.455 (-2.23%), indicating a significant drop in price over the observed period. - **Bid/Ask Prices**: -...

GoldWhiz

This appears to be a trading interface for **XAU/USD (Gold vs. U.S. Dollar)**. Here's a breakdown of the key elements: 1. **Current Price**: - **3,315.620 USD** per ounce of gold. - **Change**: -28.175 points (-0.84%) from the previous period. 2. **Buy/Sell Options**: - **SELL** at **3,315.150** (bid price). - **BUY** at **3,316.060** (ask...

GoldWhiz

AI Analysis and Strategy Suggestion 1. Key Support Level: - The 3,330.000–3,335.000 range is considered the "green zone" (support area). - A price return to this zone, coupled with bullish reversal patterns (e.g., hammer candlestick, double bottom), could signal a buying opportunity. 2. Entry Conditions: - Buy in the 3,330.000–3,335.000 range if...